Teck to capitalize on zinc shortfall: exec

Aug 22, 2014 | 05:20 PM | Saranya Kapur

Tags  zinc prices, zinc demand, Teck Resources, Andrew Stonkus, Pend Oreille, Saranya Kapur

NEW YORK — The restart of Teck Resources Ltd.’s Pend Oreille Mine in northern Washington will help meet an expected zinc supply shortfall, with the company forecasting that Chinese production will be unable to keep pace with growing demand.

The mine was put on care and maintenance in 2009. With a recent run-up in zinc prices, however, the reopening of Pend Oreille will position the diversified Canadian miner to benefit from the positive price environment, Teck vice president of base metals marketing Andrew Stonkus told AMM.....

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